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UNITED STATES OP AMERICA. 






PRICE 10 CENTS. 



THE LAST WILL 
AND TESTAMENT 



— OF 



THE LATE 



William H. Vanderbilt, 



WITH PORTRAIT. 



COPYRIGHT, 1885, BY TAG6ART & MILLER, NEW YORK. 




THE LATE 

mamxm it. wtznazvmt. 



THE LAST WILL 
AND TESTAMENT 



OF- 



THE LATE 

William H, Vanderbilt, 

WITH PORTRAIT. 



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PRICE 10 CENTS. 



NEW YOKK: V<, 
TAGGART & MILLER, 1580 BROADWAY. 

188G. 
Copyright, 1885, by TAGGART & MILLER. 




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OF THE LATE 

Satilliam g. UaudevMlt. 

WILLIAM H. VANDERBILT, of the city of New York, do 
} make and publish my last will and testament as follows, viz: 

First : — I devise unto my beloved wife, Maria Louisa, for 
and during her natural life, the dwelling house in which I now 
reside and the lot on which it stands, which is bounded and 
described as follows: Beginning at the north-westerly corner 
of Fifth Avenue and Fifty-first Street, and running thence 
northerly along the westerly line of Fifth Avenue 103 feet and 5 
inches; thence westerly parallel with Fifty -first Street 74 feet 3 
inches; thence northerly parallel with Fifth Avenue 12 feet 8 
inches; thence westerly parallel with Fifty-first Street 18 feet 5 
inches; thence northerly parallel with Fifth Avenue 14 inches; 
thence westerly parallel with Fifty-first Street 57 feet 3 J inches: 
thence southerly parallel with Fifth Avenue 16 feet 10 inches; 
thence westerly parallel with Fifty-first Street \ inch; thence 
southerly parallel with Fifth Avenue 105 feet 5 inches to the 
northerly line of Fifty-first Street, and thence easterly along 
that line 150 feet to the place of the beginning. 

I also give and devise to my said wife for and during her 
natural life, the three loLs of land on the northeasterly corner of 
Madison Avenue and Fifty second Street, in the city of New 
York, containing together 75 feet in width on Fifty-second 
Street and in the rear, and 100 feet in depth, together with the 
stables and improvements thereon erected. I also give and 
bequeath to her for and during her natural life all the paintings, 
pictures, statuary and works of art which I may own at the time of 
my decease, except the portrait and the marble bust of my father, 
which I have bequeathed to my son Cornelius. I also give and 
bequeath to her for and during her natural life, all the furniture 



of every description, including plate, silver, library ornaments, 
musical instruments, and other articles of household use which 
may at the time of my decease be in or appurtenant to my 
present residence, corner of Fifth Avenue and Fifty-first Street, 
and also, all the horses, carriages, vehicles, harness, stable 
furniture and implements which I may have on hand at the time 
of my decease and usually kept in my said stables on Madison 
Avenue and Fifty-second Street, and I empower my wife during 
her life to exchange or dispose of any of my said household 
furniture and other chattels, except pictures, statuary and works 
of art, and of any of said horses, carriages and stable furniture 
to such extent as she shall deem necessary from time to time to 
renew or replace the same. 

I also give and bequeath to my said wife an annuity of 
$200,000 per annum during her natural life, to be computed 
from the date of my decease and paid to her in equal quarter- 
yearly payments thereafter, and I direct that a sum sufficient to 
produce such aunuity be set apart and at all times safely invested 
by my Executors for that purpose during the life of my wife. 
And I empower her to dispose by will of $500,000 of the principal 
of the sum so directed to be set apart in any manner she may 
desire and which shall be legal. All taxes, assessments, and 
charges which may be imposed on the real estate devised to my 
wife for life shall be payable by her during the same period. 
And I declare that the foregoing devises and bequests to her 
are to be in lieu of dower. 

Second: — I devise unto my daughter Margaret Louisa, wife of 
Elliot F. Shepard, Esq., her heirs and assigns forever, the house in 
which she now resides and the lot on which it stands, which lot 
is described as follows, viz: Beginning at the southwesterly 
corner of Fifth Avenue and Fifty-second Street, in said city, and 
running thence southerly along the westerly line of Fifth Avenue 
44 feet; thence westerly parallel with Fifty-second Street 41 feet 
3 inches; thence northerly parallel with Fifth Avenue 7 feet 11 
inches; thence westerly parallel with Fifty-second Street 15 feet 
3 inches; thence southerly parallel with Fifth Avenue 15 feet 10 
inches; thence westerly parallel with Fifty-second Street 15 feet 
3 inches; thence northerly parallel with Fifth Avenue 7 feet 11 



inches; thence westerly parallel with Fifty-second Street 78 feet 
2| inces; thence northerly parallel with Fifth Avenue, 44 feet to 
the southerly line of Fifty-second Street, and thence easterly, 
along the line last mentioned, 149 feet 11| inches, to the place 
of beginning; together with all my rights in Fifth Avenue and 
Fifty-second Street in front of said premises. Excepting, how- 
ever, out of the lot of land hereby devised and described, an 
irregular strip of land, part of the rear thereof, which strip 
extends from the southerly line of Fifty-second Street to a line 
parallel therewith, and distant 44 feet southerly therefrom, and 
is 7 feet 11 inches wide at Fifty-second Street, narrowing by jogs 
and curves to 4 feet 4f inches in the rear as now inclosed by the 
iron fence which separates said strip from the residue of the lot 
in this clause described. 

Third: — I devise to my daughter, Emily Thorn, wife of 
William Sloane, her heirs and assigns, the middle one of the 
three houses erected by me on the westerly side of Fifth Avenue, 
between Fifty-first and Fifty-second Streets, and the lot on which 
it stands, which lot is bounded and described as follows: East- 
erly in front by Fifth Avenue, westerly in the rear by a line 
parallel with Fifth Avenue, and distant 149 feet 11 \ inches west- 
erly from the westerly line thereof, northerly by the lot of land 
hereinbefore devised to my daughter Margaret Louisa, and by 
said strip excepted therefrom, and southerly by the lot of land 
hereinbefore devised to my wife for life, containing 53 feet 5 
inches in width in front on Fifth Avenue, and 39 feet 7 inches 
in width in the rear, and embracing all the land lying between 
the lots described in the first and second clauses of this will. 
I also devise to my said daughter Emily, her heirs and assigns, 
for the purpose of being kept open as a rear entrance to the 
premises devised to her, the before described irregular strip of 
land excejDted from the rear part of the lot in the second clause of 
this will described, and extending to Fifty-second Street. 

Fourth: — I devise unto my daughter Florence Adele, wife 
of Hamilton McK. Twombly, her heirs and assigns forever, the 
lot of land on the southeasterly corner of Fifth Avenue and 
Fifty-fourth Street, in said city, and a part of the lot in the rear 
thereof, fronting on Fifty-fourth Street, which premises are 



together bounded and described as follows: Beginning at the 
corner formed by the intersection of the southerly side of Fifty- 
fourth Street with the westerly line of Fifth Avenue, running 
thence southerly along the westerly line of Fifth Avenue 48 feet 
3| inches, to a point in continuation of the centre line of the 
party wall between the two dwelling houses lately erected on 
the lot hereby devised and the lot adjoining the same on the 
south; thence running westerly parallel with Fifty-fourth Street, 
and partly through the centre of said party wall 75 feet ; 
thence southerly and parallel with Fifth Avenue, 14 inches; 
thence westerly and parallel with Fifty-fourth Street 10 feet; 
thence northerly and parallel with Fifty-fourth Street 15 feet to 
the easterly line of said rear lot; thence southerly, parallel with 
Fifth Avenue 4 feet; thence westerly parallel with Fifty-fourth 
Street, 18 feet; thence easterly parallel with Fifty-fourth Street, 
2 feet; thence northerly parallel with Fifth Avenue, 6 feet and 3 
inches, and one-half inch, to the southerly line of Fifty-fouith 
Street, and thence easterly, along the last mentioned line, 1 1 6 
feet to the westerly line of Fifth Avenue, at the place of beginning, 
together with the dwelling house erected on said premises, and 
all my right, title and interest in and to the street and avenue 
bounding said premises. 

Fifth; — I devise unto my daughter Eliza O., wife of William 
S. Webb, her heirs and assigns, forever, the lot of land on the 
westerly side of Fifth Avenue next adjoining on the south the 
corner lot described in the next preceding fourth clause of 
this will, and also the remaining part of the said rear lot front- 
ing on Fifty-fourth Street, which premises hereby devised are 
together bounded as follows: Beginning at a point on the 
westerly side of Fifth Avenue, distant 48 feet 3 \ inches southerly 
from the southerly line of Fifty-fourth Street, and where a line 
in continuation of the centre line of the party wall mentioned in 
said fourth clause intersects the westerly line of Fifth Avenue ; 
thence running westerly parallel with Fifty fourth Street and in 
part through the centre of said party wall 75 feet; thence follow- 
ing the line of the lot in said fourth clause described southerly 
14 inches, westerly 10 feet, northerly 14 inches, and westerly, 15 
feet to the easterly line of said rear lot; thence southerly parr llel 



with Fifth Avenue 4 feet; thence westerly parallel with Fifty- 
fourth Street 18 feet; thence northerly parallel with Fifth Avenue 
46 feet; thence easterly parallel with Fifty-fourth Street 2 feet; 
thence northerly parallel with Fifth Avenue 6 feet 3^ inches, to 
the southerly line of Fifty fourth Street; thence westerly along- 
that line 6 feet 6 inches; thence southerly parallel with Fifth 
Avenue 100 feet and 5 inches to the centre line of the block 
between Fifty-third and Fifty-fourth Streets; thence easterly 
along said centre line and parallel with Fifty-fourth Street 122 
feet 6 inches to the westerly line of Fifth Avenue, and thence 
northerly along the last mentioned line 52 feet 1J inches to the 
place of beginning; the strip of land on the westerly side of said 
lots, fronting on Fifty-fourth Street, is given to my said daughter 
Eliza O., for the purpose of affording her a rear entrance from 
Fifty-fourth Street to her house, and the easterly line of said 
entrance may be shaped in such manner as shall be or have been 
devised by the architect in charge of the erection of said two 
houses, but keeping as nearly as possible within the dimensions 
hereinbefore prescribed. 

/Sixth: — Should the dwelling houses now being erected for 
my daughters Florence Adele and Eliza 0., upon the two lots of 
land devised to them not be finished at the time of my decease, 
I direct that they be completed as soon as practicable thereafter 
at the expense of my estate. 

Seventh: — I give and bequeath to the Trustees hereinafter 
appointed twenty-five millions of dollars of bonds of the United 
States of America, bearing interest at the rate of 4 per cent, per 
annum, the principal falling due in the year 1907; five million 
dollars of second mortgage bonds of the Lake Shore and Michigan 
Southern Railway Company, due in the year 1903, bearing 
interest at the rate of 7 per cent, per annum; eight hundred 
thousand dollars of the first mortgage bonds of the last named 
company, due in the year 1900, bearing interest at the rate of 7 
per cent, per annum; two million dollars of the sinking fund 
bonds of the Chicago and Northwestern Railway Company, due 
in the year 1929, bearing interest at the rate of 5 per cent, per 
annum ; two hundred thousand dollars of the general consolidat- 
ed sinking fund bonds of the last named company, due in the 



year 1915, bearing interest at the rate of 7 per cent, per annum; 
four million dollars of the mortgage bonds of the New York Central 
Railroad Company, due in the year 1903, and bearing interest at 
the rate of 7 per cent, annum; and one million dollars of the 
mortgage bonds of the New York and Harlem Railroad Company 
due in the year 1900 bearing interest at the rate of 7 per cent, 
per annum, making in the aggregate forty million dollars of the 
above named securities at par, intrust to divide the same into 
eight equal parcels of 1 five million dollars each, and each 
of said parcels to contain an equal amount of each of 
above specified kinds of bonds; to set apart and hold one of said 
parcels in trust for each of my four sons, Cornelius, William K., 
Frederick W. and George W. Vanderbilt, and one of said parcels 
in trust for each of my four daughters hereinbefore named, and 
to collect and receive the income of each of said eight trust funds 
and pay the same as it accrues and is collected to the beneficiary for 
whom it is set apart, during the natural life of such beneficiary. 
And I direct that no payment be made in anticipation of such 
income and that no part of the principal of said trust funds be 
paid over or alienated or transferred during the lifetime of the 
child*entitled to the income thereof, and upon the death of each 
of my said eight children I direct the principal of the fund so 
set apart and held in trust for him or her, be paid to his or her 
lawful issue in such shares or proportions as he or she may by 
last will may have directed or appointed, and in default of such 
testamentary direction, I direct that such fund be divided among 
his or her lawful issue in the proportions in which they would 
be by law entitled thereto had my child, so dying, died possessed 
thereof in his or her absolute ownership. 

In case either of my sons should leave no lawful issue him 
surviving, I direct that the fund so held in trust for him be 
divided among his brothers him surviving, and the issue of any 
of his brothers who may have died before him, such issue to take 
the share which the brother so dying would have taken if living. 
And should either of my said daughters have no lawful issue 
her surviving, I direct that the fund so held in trust for her be 
divided among her sisters living at the time of her death, or 
should any of her sisters have died before her leaving issue, such 



issue shall take the share which such deceased sister would have 
taken if living. 

Eighth : — I authorize the Trustees of the said several trust 
funds to receive and re-invest the proceeds of the bonds so given 
to them in trust as they mature, and also in their discretion to 
change from time to time the investments of said trust funds, 
but I direct that they do at all times keep the said principal of 
the several trust funds securely invested during the continuance 
of said trusts respectively in bonds of the United States of 
America, or of the State or City of New York, or in mortgage 
bonds of the New York Central and Hudson Eiver Railroad 
Company, the New York and Harlem Railroad Company, the 
Lake Shore and Michigan Southern Railway Company, or the 
Chicago ancLNorthwestern Railway Company, or bonds guaran- 
teed by it or some one or more of said specified securities. They 
may change such investments from time to time, and may also 
invest on bond and mortgage on unencumbered real estate in the 
State of New York, and they may apply to the re-investment of 
the principal of said trust funds, or either of them, any of the 
securities of the classes above specified which I may have on hand 
at the time of my decease at their market value at the time of 
such application. 

And I direct that all securities in which such trust funds 
shall from time to time be invested be taken and held by said 
Trustees in their names as Trustees for the parties respectively 
for whose benefit the funds are severally set apart and held, so 
that each of said eight trust funds shall be kept separate and 
distinct from the others and the accounts thereof shall be separ- 
ately kept. 

Should I not have on hand at the time of my decease a 
sufficient amount of each of the descriptions of bonds hereinbe- 
fore specified to make up the amounts in the seventh clause 
bequeathed in trust, I direct that the deficiency be supplied with 
bonds of the New York and Harlem Railroad Company at par, 
or any other bonds I may have. 

Ninth: — I give and bequeath unto my. four sons and my 
four daughters hereinbefore named, to be equally divided between 
them, ten million of dollars of bonds of the United States of 



America, bearing interest at the rate of 4 per cent, per annum, 
the principal falling due in the year 1907, nine hundred and 
twenty thousand dollars of the bonds of the New York Central 
Eailroad Company, payable in the year 1903, and bearing interest 
at the rate of 7 per cent, per annum ; eighty thousand dollars 
of the mortgage bonds of the New York and Harlem Railroad 
Company, payable in the year 1900, bearing interest at the rate 
of 7 per cent, per annum; one million dollars of the bonds of the 
Detroit and Bay City Railroad Company^ payable in the year 
1931, and bearing interest at the rate of 5 per cent, per annum; 
three million dollars of the second mortgage bonds of the Lake 
Shore and Michigan Southern Railroad Company, payable in 
the year 1903, bearing interest ah the rate of 7 per cent, per 
annum; three million dollars of the mortgage bonds of the Pine 
Creek Railroad Company, payable in the jeav 1932, bearing 
interest at the rate of 6 per cent, per annum; two million dollars 
of the mortgage bonds of the Pittsburg, McKeesport and Yough- 
iogheny Railroad Company, payable in the year 1932, bearing 
interest at the rate of 7 per cent, per annum; two million dollars 
of the guaranteed stock of the last named company, bearing 
interest at the rate of 6 per cent, per annum; two million dollars 
of the debenture bonds of the Chicago and Northwestern Rail- 
way Company, payable in the year 1933, and bearing interest at 
the rate of 5 per cent, per annum; two million dollars of the funds 
of the Dakota Central Railroad Company, payable in the year 1907, 
bearing interest at the rate of 6 per cent, per annum, and guar- 
anteed by the Chicago and Northwestern Railway Company; 
forty thousand shares of the capital stock of the New York 
Central and Hudson River Railroad Company; thirty thousand 
shares of the capital preferred stock of the Chicago and North- 
western Railway Company; fifty thousand shares of the capital 
stock of the Lake Shore and Michigan Southern Railway Com- 
pany and twenty thousand shares of the capital stock of the 
Michigan Central Railroad Company, making in the aggregate 
forty million dollars of securities at par, to be divided among 
my before-named eight children in such manner that an equal 
amount as nearly as may be of each kind of security shall be 
allotted to each child. 



Should I not have on hand at the time of my decease 
a sufficient. amount of bonds and stocks of all the descriptions 
above named after providing the trust funds created in the 
seventh clause of this will to make up the amounts in this ninth 
clause bequeathed, I direct that the deficiency be made up 
with cash to the amount of the bonds or stock which may be 
deficient at par. 

Tenth: — I, having transferred on the books of the Chicago 
and Northwestern Railway Company to each of my three 
daughters, Margaret Louisa, Emily Thorn and Florence Adele 
four thousand shares of the preferred stock of the said company, 
but I holding the certificates of shares, with powers to transfer 
the same executed by my said daughters respectively, I hereby 
declare that the foregoing bequests to my said daughters are to 
be in place of said shares, and that said shares are to be part of 
my residuary estate. 

Eleventh: — I direct that all the stocks and bonds in the 
ninth clause of this will beqeathed to my daughter Eliza O. be 
not delivered to her or placed under her control until she has 
attained the age of thirty years, but that they be set apart and 
held for her by my Executors in the meantime and that the 
interest accruing thereon be collected by them and paid over as- 
it is received until said bonds and stocks are delivered to her; 
but it is my will that if my said daughter Eliza O. should die 
before attaining the age of thirty years leaving children her sur- 
viving, the said bonds and stocks shall be divided among such 
children in such proportions as she may by will direct, or if she 
should leave no will then in equal shares; should she leave but 
one child that child is to take the whole. And in case she should 
die before attaining the age of thirty years and should leave no 
child her surviving the property bequeathed to her in said ninth 
clause shall revert to my estate. 

Ticelftk: — I direct that the interest and dividends on the 
several bonds and stocks bequeathed in the seventh and ninth 
clauses of this will be apportioned up to the date of my decease, 
and that so much thereof as shall have accrued after that date 
shall belong to the legatees. 

Thirteenth: — I bequeath unto my son Cornelius Yanderbilt. 



10 

the sum of two million dollars in addition to all other bequests 
to him in this will bequeathed. 

Fourteenth; — Upon the decease of my wife I devise to my 
son, George W. Vanderbilt, for and during his natural life the 
hereinbefore described lot of land and house on the northwesterly 
corner of Fifth Avenue and Fifty-first Street, where I now 
reside, and the lots and stables on Madison Avenue and Fifty- 
second Street, being the same properties in the first clause of 
this, my will, devised to my wife for life. I also bequeath to un- 
said son George W., for and during his natural life all my 
pictures, statuary and works of art, except the portrait and 
marble bust of my father, which I bequeath to my son 
Cornelius. I also bequeath to my son George W. all the furni- 
ture, carriages and other chattels mentioned in the first clause 
of this, my will, for and during his natural life, and after the 
decease of my wife and my son George W., if he shall leave any 
son or .sons surviving him, I give, devise and bequeath absolutely 
and in fee the said house and lots on Fifth Avenue and Fifty- 
first Street and said lots and stables in Madison Avenue and 
Fifty-second Street, and all the pictures, statuary, furniture and 
all the property of every description which is in the first clause 
of this, my will, devised and bequeathed to my wife for life unto 
such one of the sons of the said George W. as he shall by his last 
will direct and appoint to take the same. And in default of such 
testamentary direction then to the eldest son of the said George 
W. who shall survive him. And in case the said George W. 
leaves no son him surviving then on his decease and after the 
death of my wife, I give, devise and bequeath all and singular, 
the said real and personal property so given to George W. for 
life unto my grandson William H. Vanderbilt, son of my son 
Cornelius, his heirs and assigns forever, and in the event last 
mentioned, I also give and bequeath to my said grandson "William 
H. two million dollars, but without regard to the event of my son 
George W. dying as aforesaid, I bequeath to my said grandson 
William H. one million dollars, to be paid to him on his attaining 
the age of thirty years; in the meantime the income thereof shall 
be applied to his use by my executors during his minority, and 
thereafter shall be paid to him at such times and in such amounts 



11 

as his father, if living, shall approve, until he becomes entitled 
to the principal, and in case the said William H. becomes entitled 
to the said legacy of two million dollars, the one million dollars 
last given shall be deemed part thereof. 

In case my son George W. shall die without leaving any son 
him surviving, if said William H. is not then living, the real and 
personal estate so given to said George W. for life shall after his 
death and that of my wife go, and I devise and bequeath to my 
grandson Cornelius, son of my son Cornelius, in fee, and in that 
event I give to my last named grandson one million dollars, my 
object being that my present residence and my collection of 
works of art be retained and maintained by a male descendant 
bearing the name of Vanderbilt. 

Fifteenth: — I direct that no deduction be made from any 
of the legacies to my children by reason of any sums which I 
have heretofore given or advanced to, or for account of, either of 
them. 

Sixteenth: — I give and bequeath to William Vanderbilt 
Kissam, son of Peter B. Kissam, of the City of Brooklyn, and 
nephew of my wife, the sum of thirty thousand dollars, to be 
paid to him when he attains the age of twenty-five years, pro- 
vided his father and my son Cornelius, or the survivor of them, 
shall in their or his discretion approve in writing of such pay- 
ment at that time, otherwise at such later period as they or the 
survivor of them shall so approve; and I direct that interest on 
said legacy be paid to said William V. Kissam from the time of 
my decease until he shall receive the principal. 

Seventeenth-. — I give and bequeath to my uncle, Jacob H. 
Vanderbilt, the dividends which shall accrue during his life on 
one thousand shares of the capital stock of the New York Central 
and Hudson Biver Bailroad Company now standing in his name 
on the books of the same company but owned by me, I holding 
the certificates with power. I also give to each of the children 
of my said uncle, viz : Mrs. Ellen Caesar, Jacob H. Vanderbilt 
and Mrs. James McNamee the sum of two thousand dollars per 
annum to each during their respective natural lives. 

Eighteenth: — I give and bequeath to Mrs. Annie Beid, wife 
of J. E. Beid; to Mrs. Emma De Forest, wife of Frank A. How- 



12 

land, and daughter of the late Daniel C. Van Duzer, of Staten 
Island; to my aunt, Miss Phebe Vanderbilt; to Sophia White, 
daughter of Andrew Ainslie; to Jeremiah Simonson; to Anna 
Root, wife of George M. Boot; to Miss Emma Simonson, 
daughter of Cornelius Simonson, deceased, and to Miss Charlotte 
Dustan, an annuity of two thousand dollars per annum each; 
to Mrs. Edith Dustan, wife of Charles Dustan, who resides in 
the City of Demopolis, in the State of Alabama, an annuity of 
twenty-five hundred dollars per annum; to Mrs. Georgiana 
Hitchcock, Mrs. Emily V. P. Snedeker, wife of Livingstone 
Snedeker, and to Mrs. Catherine McGregor, of the City of New 
York, an annuity of twelve hundred dollars per annum to each; 
all the said annuities to be computed from the date of my decease 
and to be paid quarterly thereafter to the several annuitants 
during their respective natural lives 

Nineteenth: — I give and bequeath to E. W. Rossiter the 
sum of ten thousand dollars and to Lambert Wordell the sum of 
ten thousand dollars. 

Twentieth: — I give and bequeath to the Board of Trust of 
Vanderbilt University, of Nashville, Tenn., incorporated under 
the laws of the State of Tennessee, two hundred thousand 
dollars of the second mortgage bonds of the Lake Shore and 
Michigan Southern Railway Company, to be applied to the uses 
and purposes of the said university. 

Twenty-first: — I give and bequeath to the following named 
socities and incorporated bodies, organized under the laws of 
the State of New York, the sums hereinafter sjoecified, viz: To 
the Domestic and Foreign Missionary Society, of the Protestant 
Episcopal Church of the United States of America, one hundred 
thousand dollars for foreign, and one hundred thousand 
dollars for domestic missionary purposes; to St Luke's hospital 
incorporated in 1850, one hundred thousand dollars; to the 
Young Men's Christian Association of the City of New York, one 
hundred thousand dollars; to the General Theological Seminary 
in the City of New York, of the Protestant Episcopal Church, 
fifty thousand dollars: to the New York Bible and Common 
Prayer Book Society, whereof the Bishop is President, fifty 
thousand dollars; to the Home for Incurables, incorporated 1845, 



13 

fifty thousand dollars; to the Protestant Episcopal Church 
Missionary Society for Seamen in the City and Port of New York, 
fifty thousand dollars; to the New York Christian Home for 
Intemperate Men, fifty thousand dollars; to the New Y^ork 
Protestant Episcopal Mission of the City of New York, one 
hundred thousand dollars; to the Metropolitan Museum of Art, 
incorporated April 13, 1870, one hundred thousand dollars; to 
the American Museum of Natural History, in the City of New 
Y r ork, fifty thousand dollars; and to the Moravian Church in 
New Dorp Lane, Stateii Island, organized under the name of 
the United Brethren's Church, one hundred thousand dollars. 

Twenty -second; — All the rest, residue and remainder of all 
the property and estate, real, personal and mixed, of every 
description and wheresoever situated, of which I may be seized 
or possessed or to which I may be entitled at the time of my 
death, I give, devise and bequeath unto my two sons, Cornelius 
Yanderbilt and AYilliam K. Yanderbilt, in equal shares, and to 
their heirs and assigns to their own use forever. 

Twenty -third; — I constitute and appoint my wife, Maria 
Louisa, and my sons Cornelius, William K., Frederick W. and 
George W. 3 and the survivors and survivor of them, Executrix 
and Executors of this my will, and Trustees of the several trust 
funds hereinbefore mentioned and created, provided, however, 
and this appointment is subject to this exception, that neither of 
my said sons shall be Trustee of the fund hereinbefore directed 
to beset apart and held in trust for him or for his benefit; but 
as to such fund in the case of each of my said sons the trust shall 
vest in and be executed by the others of the Trustees hereinbefore 
named, and the survivors or survivor of them: and provided 
further, and the said appointments of Executrix, Executors and 
Trustees are subject to the further condition that no commission 
or compensation shall be charged by or allowed to either of 
them for their services as Executrix, Executor or Trustee, and if 
either of them shall decline to serve on that condition his or her 
appointment as such Executrix, Executor or Trustee shall cease 
and terminate. 

And for the purpose of guarding against the contingency of 
any unsuitable person being appointed Trustee of any or either 



14 

of the trust funds hereinbefore created, I direct as to each of 
said trust funds that in case of the death, disability, or resignation 
of any of the trustees hereinbefore appointed the trust shall vest 
in and be executed by the others of those whom I have named, 
and upon the death of the last survivor of the acting Trustees 
during the continuance of the trust, the trust shall cease and 
the entire trust fund shall be paid to the beneficiary entitled to 
the income. 

Twenty -fourth: — Should any or either of the provisions or 
directions of this will fail or be held ineffectual or invalid for any 
reason it is my will that no other portion or provision of this 
will be invalidated, impaired or affected thereby, but that this 
will be construed as if such invalid provision or direction had 
not been herein contained. 

Lastly-. — I hereby revoke all former wills and codicils by 
me at any time made. In witness whereof I have hereunto set 
my hand and seal at the City of New York, the twenty -fifth day 
of September, in the year one thousand eight hundred and 
eighty-four. 

W. H. VANDEBBILT. [l. s.] 

Signed, sealed, published and declared by William H. Van- 
derbilt, the testator, as and for his last will and testament, in 
the presence of us, who, at his request and in his presence and 
in the presence of each other, have hereunto subscribed our 
names as witnesses. 

The words " or bonds guaranteed by it," interlined on the 
twenty-first page. 

CHAS. A. KAPALLO, 
No. 17 West Thirty-first Street, New York. 

SAMUEL F. BAKGEE, 
No. 17 West Thirty-third Street, New York. 

C. C. CLAKKE, Sing Sing. 

I. P. CHAMBEFS. 

No. 26 East Forty-ninth Street, New York. 



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